those are my predictions for 2013. >> those were steve's predictions. now let's get some more market predictions from our 2013 next guest, joining us now larry mcdonald, new edge senior vice president, and a guy who saw the bubble coming. loved your book. you know that. good to see you, larry. how are you? >> hey, andrew. thanks very much. >> so what do you think? give it to us straight here. >> well, i think joe's had it right for most of the last week. this debt ceiling issue is literally like an optionality impact on the market. so in other words, the president had a chance, the speaker offered the president a one-year extension on the debt ceiling, as well as tax increases above 500,000. those are two colossal gives. in return, the bottom, bottom line is, you can't talk about ten years. the president did not offer any meaningful cuts in medicare in 2013, in 2014, so you have all of these newly elected 2010 house of representatives, the gop took 61 seats, the most since 1938. so you have all these new, newly elected representatives, that really boehn